SoftBank Corp, SoftBank Group to form US neocloud joint venture SB Neo

Reuters2026/07/23 01:35

By:Reuters

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SoftBank Corp. plans a new US neocloud venture with SoftBank Group, tentatively named SB Neo, formed on July 2, 2026.
SoftBank Corp. will own 51%; SoftBank Group will hold 49%; SB Neo will be consolidated under SoftBank Corp.
SB Neo targets neocloud services for major US enterprises, including hyperscalers, in the fiscal year ending March 31, 2028.
Buildout will draw on SoftBank Group’s 10-gigawatt-scale US energy and AI infrastructure, with phased capacity expansion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SoftBank Corp. published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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SoftBank Corp, SoftBank Group to form US neocloud joint venture SB Neo

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